November 14 2018

Soft Compliance Program Lands California “Financial Institution” in Hot Water

This particular "financial institution" is also classified as a "card club," but it faces some familiar FinCEN heat for the lack of an effective anti-money laundering program. For example, the AML program's section on the negotiable instruments log consisted solely of a highlighted phrase, "Describe Card Club procedures." [5/4/18]

Risk Watch 147: What Financial Institutions Can Learn from Rabobank’s Mistakes

Rabobank in California was hit with a $50 million fine for its Bank Secrecy Act and Anti-Money Laundering deficiencies. Ken Agle of AdvisX shares where Rabobank went wrong and what financial institutions can learn from its mistakes. Click here to watch now!

What is the AffirmX Platform?

Video What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

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